Need to Know More

Ask someone who has life insurance why they do, and they will probably tell you it is to protect their family in the event of their death. This type of insurance, called family protection, is important, but another important component for any homeowner is mortgage protection insurance.

Figuring out how much cover you need is straight forward provided you have all the facts. It is simply a question of knowing what income your dependents will need, what cover you currently have , and then doing the calculation to decide how much additional cover you require and can afford.

Life insurance is difficult for many people to talk about for several reasons. Firstly, it usually assumes a very unpleasant state of affairs â that you have passed away, which is something no one wants to think about.